Have you seen the CA Countrywide REO list recently? Wow, some huge price cuts in the last two weeks. I can’t even imagine what is going on in some of these neighborhoods with home prices on their REO getting dropped by 15-20% since they were listed just 6-8 weeks ago. On most of these Countrywide is taking a bath. Your thoughts if you know these areas well would be appreciated. National list here.
Tags: Countrywide Reo, Dishes, Insider, Mortgage Market, Taking A Bath, Wow
